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Guideline Value

Corporate

Guideline Value for SELVARAJ NAGAR & STREETS

₹870/sq.ft.

The guideline value for Selvaraj Nagar & Streets in Thiruninravur-b village (Avadi SRO, Chennai zone) is Rs 870 per sq.ft, effective 1 July 2024. It was Rs 800 per sq.ft from 1 April 2023, a 9% change. The land classification is Residential Class Ii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thiruninravur-b

Village

Avadi

SRO

Residential Class II Type - II
History
Period Guideline Value
From 1-7-2024 ₹870 /sq.ft.
From 1-4-2023 ₹800 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹737 /sq.ft.
From 1-4-2012 To 8-6-2017 N/A
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

Sub Registrar Office, Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District
044-26558484
[email protected]

DRO (District Registrar Office)

District Registrar Office Jvc Complex Near Icmr Vedingallur Thiruvallur -631203
044-27661230
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Selvaraj Nagar & Streets

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Selvaraj Nagar & Streets guideline value

The current guideline value for Selvaraj Nagar & Streets is Rs 870 per sq.ft, effective from 1 July 2024. This area is located in Thiruninravur-B village under the Avadi SRO, classified as Residential Class II Type - II.

How the guideline value of Selvaraj Nagar & Streets has changed

In the 2017 revision, the guideline value was Rs 737 per sq.ft. This increased to Rs 800 per sq.ft in the 2023 revision, marking a 9% rise. The most recent revision in 2024 has set the guideline value at Rs 870 per sq.ft, which is another 9% increase from the previous year. There are no figures available for the years 2002, 2003, 2007, and 2012 in the register for this street.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 18%, moving from Rs 737 per sq.ft to Rs 870 per sq.ft.

Guideline values in Thiruninravur-B

Thiruninravur-B has a total of 374 streets under the Avadi SRO, with guideline values ranging from Rs 330 to Rs 1,760 per sq.ft. The median guideline value for these streets is Rs 770 per sq.ft, placing Selvaraj Nagar & Streets above this median at Rs 870 per sq.ft.

Stamp duty and registration fee for property in Selvaraj Nagar & Streets

For a 1,000 sq.ft plot at the current rate of Rs 870 per sq.ft, the guideline value amounts to Rs 8,70,000. The stamp duty at 7% would be Rs 60,900, and the registration fee at 2% would be Rs 17,400, bringing the total to Rs 78,300. It is important to note that the duty is charged on the higher of the guideline value or the sale price. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Selvaraj Nagar & Streets?

The Sub Registrar Office covering Selvaraj Nagar & Streets is the Avadi Sub Registrar Office, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Thiruninravur-B

The guideline value plays a crucial role in property transactions in Thiruninravur-B. It is used to determine the stamp duty and registration fees that need to be paid when a property is sold or purchased.

When you register a property, the guideline value is assessed to ensure that the transaction is in accordance with government regulations. This helps maintain transparency and fairness in property dealings within the region.

Frequently asked questions

What is the current guideline value for Selvaraj Nagar & Streets?

The current guideline value for Selvaraj Nagar & Streets is Rs 870 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has increased from Rs 737 per sq.ft in 2017 to Rs 870 per sq.ft in 2024, marking an overall increase of 18% over this period.

What is the median guideline value for streets in Thiruninravur-B?

The median guideline value for streets in Thiruninravur-B is Rs 770 per sq.ft, with Selvaraj Nagar & Streets valued above this median at Rs 870 per sq.ft.

What are the stamp duty and registration fees for properties in Selvaraj Nagar & Streets?

For a 1,000 sq.ft plot, the total stamp duty and registration fees amount to Rs 78,300, based on the current guideline value of Rs 870 per sq.ft.

Which office handles property registrations for Selvaraj Nagar & Streets?

The Avadi Sub Registrar Office handles property registrations for Selvaraj Nagar & Streets, located at Plot No.145, Vii Street, Modern City, Thandurai Village, Avadi Taluk, Tiruvallur District, Chennai registration zone.